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Carlos Consulting Inc. provides financial consulting and has collected the following data for the next years budgeted activity for a lead consultant. Consultant's wages=$90,000 Fringe
Carlos Consulting Inc. provides financial consulting and has collected the following data for the next years budgeted activity for a lead consultant. Consultant's wages=$90,000 Fringe benefits=$22,500 Related overhead=$17,500 Supply clerk's wages=$18,000 Fringe benefits=$4,000 Related Overhead=$20,000 Profit margin per hour=$15 Profit margin on materials=15% Total estimated consulting hours =5,000 Total estimated supply costs= $168,000 Questions for this problem are: The labor rate per hour is: A)$36.50 B)$37.50 C)$41.00 D)$26.00??? The material loading charge is: A)55% B)25% C)15% D)40%??? A consulting job takes 20 hours of consulting time and $180 of supplies. The client's bill would be: A)$1,000 B)$952 C)$1,072 D)$772
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